1796 $2.50 BD-2, No Stars MS(PCGS#45501)

Treasures from the S.S. New York

拍卖行

Stack's

批号

1293

等级

AU50

价格

825,094

详细说明

1796 BD-2. Rarity-4. No Stars. AU-50 (PCGS). Bright yellow gold with a decided olive cast and somewhat prooflike in the fields as frequently seen for the date. Some scattered nicks are noted on both sides, and a few thin hairlines are noted in the left obverse field behind Liberty's portrait. Planchet adjustment marks, as struck, run diagonally across the highest part of the eagle's neck and shield on the reverse but the devices are crisp and sharp there nonetheless. Easily among the most respected rarities in American numismatics, and certainly the most recognizable for its status as the only U.S. gold type issued for general circulation without obverse stars. From a scant recorded mintage for the type of just 963 pieces, with perhaps 100 to 130 examples known to today's numismatic community. (The other great rarity of the date, the 1796 quarter eagle with obverse stars was produced to the tune of just 432 pieces!) The present specimen represents Dannreuther's "Obverse State c, clashed, lapped with bottom curls slightly weaker but intact, crack through LIBER(TY) mostly gone, now another from 9:00 curving up into the field. Reverse State b, now with lump break at upper tip of right (facing) wing." We also note peripheral scribe marks at the tops of F AMERIC, no doubt the remnants of the lettering process, that quickly faded from the die. The 1796 No Stars quarter eagle is a distinctive one-year-only (or should we say "part-year-only") design type that must be acquired to complete a U.S. gold type set. In the other denominations the more common-date issues can always be obtained for a gold type set, but there simply is no substitute for the '96 No Stars issue—you either have one or you have an incomplete type set. Our long-time experience tells us that no matter what the grade or overall "look" of a 1796 No Stars quarter eagle when it comes to auction, there will always be intense bidding support. The present piece should prove no exception to that rule of thumb. Every effort has been made to ensure the integrity of the data but transcription and other errors may have occurred. Before using this information to make a buying or selling decision, confirm the data by consulting the actual sales catalog and prices realized. Stack’s Bowers Galleries disclaims any liability from the use of this information.